August consumer confidence added pressure to the Greenback with the unexpected drop to 60.6 from 65.4 in July. Analysts were expecting an improvement to 66.0
Currently the USD/JPY is pricing at 78.50, 0.30% below opening price action. According to Mark de la Paz, a break below 78.50 "will initiate 78.39. On the upside, the USD/JPY will meet calculated resistance at 78.62, 78.74, and finally 78.85."